| IMHO: Colombian President Gustavo Petro made an error in capitulating to U.S. President Trump’s demand to allow the repatriation of Colombian migrants under the threat of imposed tariffs and sanctions. What he should have said was: “Bring it on!“ | |
| Approximately 20% of the coffee imported into the United States is from Colombia. Approximately 66% of Americans drink coffee everyday. President Trump’s threat was to raise the price of coffee for Americans (who would be paying the tariff) if Colombia didn’t agree to receive their citizens back. | |
| Some of the main exports from Colombia to the United States are: | |
| Crude Oil: This is the largest export, valued at around $6 billion annually. | |
| Coffee: Colombia is one of the world’s top coffee producers, exporting nearly $1.8 billion worth of coffee to the U.S. each year. | |
| Cut Flowers: Colombia is a major supplier of cut flowers, with exports totaling approximately $1.6 billion. | |
| Gold: Precious metals, including gold, are also significant exports. | |
| Bananas: Another important agricultural export. | |
| All of these are essentially fungible goods on the world market – meaning they are completely replaceable by similar goods from other suppliers (countries) if there is a significant price hike. But when the price hike is only in one country, imposed on that country by its own government, the price hike need not cripple the tariffed country’s economy. They can still sell their goods to other countries. | |
| Yes, there is no doubt tariffs would have a significant hit on Colombia’s exports to the United States. The counter to this is there would be little to no impact on Colombia’s exports to other countries who aren’t imposing a tax on their own citizens for your products. The price of crude oil (gasoline), coffee, flowers, gold and bananas would go up in the United States for the long term, but the effect on Colombia would be short term at worst. Columbia might have to reduce their prices – for other parts of the world – to maintain their economy / market share during the price stabilization fluctuation, but it is hard to believe this would be a long term hit (except to flowers and bananas due to spoilage which may cause the loss of profit for the majority of that season’s product). | |
| The reality is that many (if not most) of the other countries involved in those markets / exports to the U.S. would also raise their prices to increase profit knowing the tariff will provide market-message protection for their price gouging. This is the nature of global capitalism… They don’t HAVE to increase their prices by the amount of the tariff, but I can easily see them increasing by 10-to-15% and laughing all the way to the bank. | |
| This will result in a “mild” round of inflation in the United States and (potentially) an increase in the Federal interest rate to fight the inflation. So, who really, really gets hurt? The American consumer… when (if) our economy tanks! | |
| President Petro should have called #47DonTheFelon’s bluff. The emperor has no clothes. The sooner some other global leader points this out, the better / safer the global economy will be. | |
| Reality Check: Although the Colombian numbers above are in the billions of dollars, it should be pointed out they are “almost” insignificant for the overall U.S. economy which is $25+ Trillion per year. The issue is there is no way to know in advance when any given economic factor will (or is likely to) become a tipping point for the U.S. economy. President Trump’s “poker play” is that you are more afraid of damage to your economy than he is is of the damage to our economy. | |
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| Click here (27 January) to see the posts of prior years. I started this blog in late 2009. Daily posting began in late January 2011. Not all of the days in the early years (2009-2010) will have posts. | |
Posts Tagged ‘Coffee’
Never Appease A Bully
Posted in Economics, Philosophy, Politics, tagged #47DonTheFelon, American Economy, American Politics, Bananas, Coffee, Colombia, Colombian President Gustavo Petro, Crude Oil, Economics, Flowers, Gold, Philosophy, Tariffs, United States on January 27, 2025| 3 Comments »
My Birthday Wish For You
Posted in Faith Family and Friends, Family and Friends, Philosophy, Quotes, tagged Coffee, Happiness, Happy Birthday Hil, Philosophy, Quotes, Rita Moreno, Roses, Smiling on October 29, 2023| Leave a Comment »
| Smell the roses. Smell the coffee. Whatever it is that makes you happy. | |
| — Rita Moreno | |
| Happy Birthday, Hil!! May I always make you smile (or at least shake your head)… | |
| All my love, | |
| Always! | |
| Your Kev | |
| XXX | |
| 00 | |
| X | |
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| Click here (29 October) to see the posts of prior years. I started this blog in late 2009. Daily posting began in late January 2011. Not all of the days in the early years (2009-2010) will have posts. | |
Some Of Us Sit Quietly (Indoors), Read And Drink Coffee
Posted in Humor, Philosophy, Quotes, Reading, tagged Coffee, Erma Bombeck, Humor, Philosophy, Quotes, Reading, Saltwater, Sand, Skin, Vacations on January 31, 2023| 2 Comments »
| On vacations: We hit the sunny beaches where we occupy ourselves keeping the sun off our skin, the saltwater off our bodies, and the sand out of our belongings. | |
| — Erma Bombeck | |
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| Click here (31 January) to see the posts of prior years. I started this blog in late 2009. Daily posting began in late January 2011. Not all of the days in the early years (2009-2010) will have posts. | |
Day 15: Die By The Scale
Posted in Diets, Health, Juice/Blend Fasting, tagged 3/18, 355lbs, Bailey's Irish Cream, Coffee, COSTCO, Day 15: Juice/Blend Fasting, Fructose, Glucose, Health, Insulin, Sucrose, Sugar, Veggie-Broth Fasting on September 13, 2019| 2 Comments »
| The end of day fifteen and the morning of day sixteen… Live by the scale, die by the scale. | |
| Morning weight: 355lbs. (on Day 16) | |
| I am up / down “3 / 18”. As in, 3lbs up from yesterday and 18lbs down from my fasting start weight: 373lbs (the morning of Day 1). | |
| As bad as it may be (for a dieter) to hit a plateau, it’s psychologically MUCH worse when you have a day to day gain. One pound? Okay. Three pounds? WTF? (Pardon my language / expressions.) Three pounds is either a healthy meal or it’s almost a half-gallon of water (or similar density fluid). Since I didn’t eat and I don’t feel bloated (water retention), the most reasonable two explanations are: 1) I’ve accidentally moved the scale, so it’s giving different readings; or, 2) the universe is unkind and / or unjust. (I prefer to think it’s the second option.) To make it even more painful, the scale wasn’t “bouncy”. The needle was stable. | |
| Now, please recall I take my weight two ways each morning: forwards and back. This means I stand in almost the exact same spot each morning, but on “forward”, I bend my knees slightly and lean as far to the front as I can while maintaining full foot contact, but with my weight shifted fully onto my toes. For the “back” weigh-in, I straighten my legs and tilt as far back on my heels as I can without falling off of the scale. Again, I still keep my feet in full contact with the scale. This gives me (respectively) my high and my low weight for the day. The two weights tend to vary about 5 to 7 pounds (as much as 10, but so far never less than 5), and they also tend to vary between themselves. By this I mean, they don’t usually both go up or down the same number on any given day. It’s usually 1 and 2 or 2 and 1. I’m not saying they don’t. I’m saying it’s far less common for them to correspond. Today they both increased by 3lbs from yesterday’s weigh-in. | |
| Of course, I have to consider what I may have done different yesterday from any other day. Off the top of my head, I can only think of two things: 1) I had a mug of black coffee in the morning; and, 2) I had more fruit juice in my blend than normal. The day before I was a bit fed up with the taste of the blend and I felt a bit down on my energy level. I countered that yesterday by adding more juice and less ice to the blend mix. This was probably somewhere between 8 to 12 ounces of juice. It is certainly possible the extra fructose contributed to the weight gain. It’s hard to imagine it to have been the black coffee. | |
| About sugar (well, about fructose) – my understanding is sugar doesn’t (by itself) cause water (fluid) retention. What sugar does is promote an increase in insulin (there’s that hormone again) which causes the body to retain sodium (salt), which in turn causes you to retain water. The body has a very narrow band of tolerance for sugar (glucose in the bloodstream) which is maintained by increasing or decreasing the amount of insulin in the body. | |
| About the coffee – I tried adding the coffee because the intermittent fasting book I just read said it was okay to drink black coffee or unflavored (black or green) tea – or plain water, and it wasn’t considered “breaking” your daily fast period. I have never had coffee or black tea while on a fast before (in over 35 years) as removal of caffeine (like sugar) is usually one of the targets of a “cleansing” fast. I have had herbal teas before while veggie broth fasting (over 30 years ago), but never while on a veggie-juice or veggie-blend fast. My expectation was that it would make the hairs on my forearms stand up. Surprisingly, it did not. I also don’t feel like I got my usual coffee “buzz” – that “ahh” sensation. We drink Folger’s ground coffee at our house. It struck me as fairly bitter. Not as bad as back in my (ancient) memory of my Army days, but nowhere near as enjoyable as my sugar / half-and-half / Bailey’s Irish Cream. Most of the year, I only drink coffee on the weekends. This last year, with joining Costco and paying only 2/3rds the price for Bailey’s, I’ve been going through a pot-load of coffee on any given day. (A pot-load is between 10 and 12 cups of brewed coffee. The Bailey’s and half-and-half are on top of that.) | |
| Ultimately, there is little to no chance to guess or deduce what may have caused the “bump”. All I can do is continue down the path for a day or two and see if it really is an aberration or if something has fundamentally changed. I just finished my morning (10:30am) mug of black coffee. I guess we’ll see what we see tomorrow… The next step will be to eliminate the coffee and see what that does. Time will tell (or not). | |
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| Click here (13 September) to see the posts of prior years. I started this blog in late 2009. Daily posting began in late January 2011. Not all of the days in the early years (2009-2010) will have posts. | |
If They’re Good Enough
Posted in Quotes, Reading, tagged Books, C.S. Lewis, Coffee, Quotes, Reading, Tea on November 10, 2015| Leave a Comment »
| You can never get a cup of tea large enough or a book long enough to suit me. | |
| ― C.S. Lewis | |
| [Actually, I prefer coffee to tea, but I fully understand the sentiment. — kmab] | |
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| Click here (10 November) to see the posts of prior years. I started this blog in late 2009. Daily posting began in late January 2011. Not all of the days in the early years (2009-2010) will have posts. | |
Waiting In Line At Starbuck’s
Posted in Environment, Politics, Quotes, tagged Coffee, Colin Firth, Environment, Ethiopia, Farmers, Farms, Politics, Quotes, Wages on April 4, 2011| Leave a Comment »
| When I visited coffee farms in Ethiopia, the farmers could not believe we spend a week’s wages in their country on a cup of coffee in ours… | |
| — Colin Firth | |
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| Click here (4 April) to see the posts of prior years. I started this blog in late 2009. Daily posting began in late January 2011. Not all of the days in the early years (2009-2010) will have posts. | |